Moody’s keeps SA from the junk stack

Moody’s keeps SA from the junk stack

Negative perspective modification places Mzansi on notice

Rating agency Moody’s Investors provider on Friday night place Southern Africa on notice, decreasing the country’s credit outlook from stable to negative, efficiently giving Pretoria a year to have its home to prevent a downgrade.

The agency stated the alteration of outlook ended up being necessitated by the deterioration that is continued general general public funds along with other socio-economic ills. Read More